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  • Sba 413 2021

Get Sba 413 2021-2025

Ant and its owners financial condition. SBA uses the information required by this Form 413 as one of a number of data sources in analyzing the repayment ability and creditworthiness of an applicant for an SBA loan or, with respect to a surety bond, to assist in recovery in the event that the contractor defaults on the contract. SBA also uses the information to assess whether an individual meets the economic disadvantage threshold for the Women-Owned Small Business (WOSB) Program and the 8(a).

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How to fill out the SBA 413 online

Completing the SBA Form 413 online is an essential step for individuals seeking to apply for assistance from the U.S. Small Business Administration. This personal financial statement is used to evaluate the financial condition of the business applicant and its owners, helping to assess their creditworthiness.

Follow the steps to fill out the SBA Form 413 online effectively.

  1. Click ‘Get Form’ button to obtain the form and open it in the editor.
  2. Begin by entering your personal and business information, including names, addresses, phone numbers, and the business type. Ensure that this information is current as of the date you are filling out the form.
  3. In the assets section, accurately list all your assets. Omit cents and include details such as cash on hand, savings accounts, and the value of real estate and personal property.
  4. Next, move to the liabilities section and outline all liabilities similarly. Include details about loans, mortgages, unpaid taxes, and any other debts.
  5. After listing your assets and liabilities, calculate your total net worth to ensure that it equals the total in the assets column.
  6. Proceed to the contingent liabilities section and provide any relevant details regarding financial responsibilities that may arise in the future.
  7. Complete the specific sections dealing with notes payable, stocks and bonds, real estate owned, unpaid taxes, other liabilities, and life insurance by following the prompts and providing detailed information.
  8. Finally, review the information for accuracy, certify your entry by signing the form, and date it. Each individual submitting information must sign, and spousal signatures are required if applicable.
  9. Once satisfied with the completed form, save your changes. You can then download, print, or share the form as needed, ensuring you send it to the relevant lender or agency.

Start filling out your SBA Form 413 online today to enhance your chances of securing assistance!

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Visit https://lending.sba.gov and login with your current CAFS user ID and password. Make payments to SBA and monitor loan details using the new MySBA Loan portal.

Balance sheets, income statements, and cash flow statements are the three main financial statements a small business needs to prepare and outsourced financial management services can prepare these financial statements for a small business in a cost-effective way.

The Small Business Investment Act of 1958 established the framework for the Small Business Investment Company (“SBIC”) system. Under the SBIC system, private investment companies provide debt and equity financing to small businesses with the benefit of additional funding from the Small Business Administration (“SBA”).

A personal financial statement is a spreadsheet that details the assets and liabilities of an individual, couple, or business at a specific point in time. Typically, the spreadsheet consists of two columns, with assets listed on the left and liabilities on the right.

SBA uses this form to assess the financial situation of applicants for multiple SBA programs and certifications. This form is used to assess repayment ability and creditworthiness of applicants for: 7(a) loans.

To create a personal financial statement, follow these simple steps: Create a spreadsheet that has a section for assets and one for liabilities. ... List your assets and their worth. ... List every liability as well as its worth. ... Determine the total of both assets and liabilities. ... Determine your net worth.

How To Fill Out the Personal Financial Statement Step 1: Choose The Appropriate Program. ... Step 2: Fill In Your Personal Information. ... Step 3: Write Down Your Assets. ... Step 4: Write Down Your Liabilities. ... Step 5: Fill Out the Notes Payable to Banks and Others Section. ... Step 6: Fill Out the Stocks and Bonds Section.

A personal financial statement is a snapshot of your personal financial position at a specific point in time. It lists your assets (what you own), your liabilities (what you owe), and your net worth. To get your net worth, subtract liabilities from assets.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232